Three-Residence Multifamily
For Sale
$675,000
169 And 171 Cragmont Road, Black Mountain, NC 28711
Separate living spaces include a recently remodeled two-bedroom unit and a detached cottage.
Property Size1,516 SF
Lot Size0.20 Acres
Price / SF$445.25
Days on Market18
Property Features for 169 And 171 Cragmont Road
General Information
Standard status
Active
Size
1,516 SF
Lot size
0.20 Acres
Property subtype
Residential Income
Units
Unit Mix
1 x 1BR/1BA cottage, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Building Details
Buildings
2
Listing Agency:
Noble & Company Realty
(828) 357-5243
Listed By:
Mary Noble Braden · License #248568
(828) 337-6980
Source:
Exprealty
Added: Aug 21
Changed: Sep 6
Last Checked: Sep 7 at 10:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noble & Company Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises three separate residences on approximately .20 acres. The detached cottage at 169 Cragmont Road offers 1 bedroom and 1 bath, while the duplex at 171 Cragmont Road contains a 1-bedroom, 1-bath residence and a 2-bedroom, 1-bath residence. Combined, the property provides 4 bedrooms and 3 bathrooms, with the two-bedroom unit featuring a recently remodeled interior.
The property is one block from Lake Tomahawk and near the tennis courts, with downtown Black Mountain within walking distance. The existing configuration supports several explicitly described use approaches, including owner occupancy with additional residences, long-term rentals, or exploration of short-term or vacation rental use.
The property is one block from Lake Tomahawk and near the tennis courts, with downtown Black Mountain within walking distance. The existing configuration supports several explicitly described use approaches, including owner occupancy with additional residences, long-term rentals, or exploration of short-term or vacation rental use.
Key Highlights
- Three separate residences across a duplex and detached cottage
- Approximately .20 acres
- 4 bedrooms and 3 bathrooms total
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 28711, NC
14,047
Population
7,563
Households
1.9
Avg Household Size
49
Median Age
54%
College-Educated
92%
High-School Grad
103.9 sq mi
ZIP Area
135
Density / Sq Mi
$69,177
Median Household Income
$38,677
Median Earnings
$1,319
Median Rent
$358,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Separate living spaces include a recently remodeled two-bedroom unit and a detached cottage.
Where is this multifamily property located?
The property is located at 169 And 171 Cragmont Road Black Mountain, NC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three separate residences across a duplex and detached cottage; Approximately .20 acres; 4 bedrooms and 3 bathrooms total
